Time will tell.
As always caveat emptor.
Wednesday 9 May 2012
VI with TA ?: Coastal May2012 followup
Finally Coastal has rebound from her down trending and now there is a TA buy signal in the making. See the purple oval shadow ? Would it be a history repeat ? A close above 50MA (above 2.11) would signal a buy. Again for those hardcore investor, its time to accumulate againor average down for those who got in a bit too high (with careful money management). Lets see this strong FA stock able to climb up and go against the overall weak market sentiment.
Time will tell.
As always caveat emptor.
Time will tell.
As always caveat emptor.
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Today 14/May, is a bloodshed day, even Coastal is not spare. She drop below the center price of the long white candle, thus the flag formation is negated. She also not able to close above 2.11 (50MA) to signal a buy, thus no entry.
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